Bharti Hexacom Q2 Financial Results Show Strong Profit Growth

Bharti Hexacom announced its financial results for Q2, showcasing a net profit of ₹4,212 million. This indicates a healthy increase from the previous year. The company’s revenue from operations also grew to ₹23,173 million. These results reflect a positive financial trajectory for the company, driven by solid operational performance across its various business segments. Earnings per share stood at ₹8.42.

Financial Performance

Bharti Hexacom reported a revenue from operations of ₹23,173 million for the quarter, compared to ₹20,976 million in the corresponding quarter of the previous year. The total expenses for the quarter stood at ₹11,092 million.

The company’s profit before depreciation, amortization, finance costs, exceptional items, and tax was ₹12,693 million for Q2.

Profitability Metrics

Depreciation and amortization expenses amounted to ₹5,543 million, while finance costs were ₹1,509 million. The profit before tax for the quarter was reported as ₹5,641 million.

After accounting for current and deferred taxes, the net profit for the period was ₹4,212 million.

Earnings Per Share

The basic and diluted earnings per share for the quarter were reported as ₹8.42, showcasing a solid return for shareholders.

Segment Performance

The mobile services segment reported revenue of ₹22,385 million, while the Homes, Office and Other Services segment contributed ₹880 million. The total segment revenue reached ₹23,265 million.

Key Financial Ratios

The company’s debt-equity ratio stands at 0.50, and the net worth is reported as ₹61,573 million. The current ratio is 0.31.

The interest service coverage ratio is 10.03, highlighting the company’s ability to manage its debt obligations effectively.

Source: BSE

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